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Law firms agree to consolidate AMP insurance class actions
Class Actions 2020-12-22 1:18 pm By Cat Fredenburgh

Two law firms that have filed competing class action against AMP over allegedly excessive insurance premiums have changed tack and agreed to consolidate the proceedings. […]

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AMP to tell advisers exiting BOLR program about class action
Class Actions 2020-12-04 12:47 pm By Cat Fredenburgh

The parties in a class action against AMP over changes to its buyer of last resort policy have agreed to a communications protocol making settlement […]

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Class action beauty parade takes centre stage at High Court
Class Actions 2020-11-09 10:56 pm By Christine Caulfield

The eyes of class action lawyers will be on the High Court Tuesday as it hears arguments over a judge’s power to choose a single […]

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Law firms behind competing AMP class actions fight consolidation
Class Actions 2020-10-27 4:37 pm By Cat Fredenburgh

A showdown over two competing class actions against AMP is set down for December, and the applicants will have to persuade the judge overseeing the […]

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AMP hits back at class action, says buy-out policy changes needed to avoid ‘BOLR run’
AMP 2020-10-12 2:13 pm By Christine Caulfield

Changes to AMP’s buyer of last resort policy that reduced the multiple by which the wealth management firm would purchase advisers’ client registers was necessary […]

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AMP settles contentious $2.7M legal battle with former GC
Employment 2020-10-07 3:35 pm By Cat Fredenburgh

AMP has settled legal proceedings brought by a former general counsel who claims she was sacked from the wealth management firm after raising concerns about […]

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Ex-AMP lawyer looks to strike out claim she ‘disparaged’ board
Employment 2020-09-21 5:25 pm By Alison Eveleigh

A former general counsel of AMP who claims she was sacked from the wralth management firm after raising concerns about its fees for no services […]

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CBA hit with class action over grandfathered commissions
Class Actions 2020-09-03 10:28 pm By Cat Fredenburgh

A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms. The class action, […]

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Lawyer releases AMP sexual harassment findings amid firm’s ‘corporate spin’
Employment 2020-08-31 4:25 pm By Alison Eveleigh

A lawyer acting for former AMP employee Julia Szlakowski has accused the company of a lack of transparency and has released the findings of the […]

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Banks’ fees for no service remediation bill tops $882M
Financial Services 2020-08-24 12:38 pm By Alison Eveleigh

Australia’s largest financial services institutions have paid or offered to pay more than $882 million to remediate customers affected by their fees for no service […]

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